K&R Rail Engineering Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/09/2025 ,inter alia, to consider and approve Sale of old equipment's ....
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Awaiting price reaction for this filing.
K&R Rail Engineering Ltd has informed BSE that its Board of Directors will meet on 20 September 2025 at the registered office in Hyderabad. The main agenda item is to consider and approve the sale of old equipment and vehicles. The transaction is being treated as a related party transaction under SEBI LODR Regulations 23(2), (3) and (4), following the SEBI circular dated 26 June 2025. The intimation was filed on 13 September 2025 under Regulation 29(1)(a) of the SEBI LODR Regulations, with BSE Scrip Code 514360.
Shareholders should watch for the outcome of the 20 September board meeting, as the price and terms of the asset sale to related parties will need to be disclosed. Asset sales to related parties can impact valuations and are often scrutinised for fairness.